Sun Country Airlines Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Sun Country Airlines Holdings has a total shareholder equity of $514.4M and total debt of $401.6M, which brings its debt-to-equity ratio to 78.1%. Its total assets and total liabilities are $1.6B and $1.1B respectively. Sun Country Airlines Holdings's EBIT is $127.5M making its interest coverage ratio 3.9. It has cash and short-term investments of $187.4M.
Key information
78.1%
Debt to equity ratio
US$401.65m
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$187.41m |
| Equity | US$514.40m |
| Total liabilities | US$1.11b |
| Total assets | US$1.62b |
Recent financial health updates
Recent updates
Returns On Capital Are Showing Encouraging Signs At Sun Country Airlines Holdings (NASDAQ:SNCY)
Mar 28
Sun Country Airlines Holdings (NASDAQ:SNCY) Has A Somewhat Strained Balance Sheet
Mar 06Sun Country Airlines Is Ready For Takeoff
Feb 04Why Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) Could Be Worth Watching
Jan 30Market Cool On Sun Country Airlines Holdings, Inc.'s (NASDAQ:SNCY) Revenues
Jan 04When Should You Buy Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)?
Oct 26Sun Country Airlines Holdings (NASDAQ:SNCY) Shareholders Will Want The ROCE Trajectory To Continue
Aug 22Should You Investigate Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY) At US$20.97?
Jun 28Sun Country Airlines Holdings, Inc.'s (NASDAQ:SNCY) P/E Still Appears To Be Reasonable
May 30When Should You Buy Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)?
Mar 21Returns On Capital At Sun Country Airlines Holdings (NASDAQ:SNCY) Have Hit The Brakes
Feb 06Sun Country Non-GAAP EPS of -$0.03 misses by $0.12, revenue of $219.1M beats by $2.41M
Aug 08Sun Country Airlines Holdings (NASDAQ:SNCY) Hasn't Managed To Accelerate Its Returns
Jul 21Sun Country Airlines: Lovely Company Structure, Horrible Outlook
Jun 16A Look At The Intrinsic Value Of Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY)
May 14Sun Country Airlines Sees Growth But Faces Constraints
Apr 19Financial Position Analysis
Short Term Liabilities: SNCY's short term assets ($271.4M) do not cover its short term liabilities ($418.6M).
Long Term Liabilities: SNCY's short term assets ($271.4M) do not cover its long term liabilities ($690.6M).
Debt to Equity History and Analysis
Debt Level: SNCY's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: SNCY's debt to equity ratio has increased from 24.8% to 78.1% over the past 5 years.
Debt Coverage: SNCY's debt is well covered by operating cash flow (43.4%).
Interest Coverage: SNCY's interest payments on its debt are well covered by EBIT (3.9x coverage).